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Cash-out refinance: What it is and how it works
Bankrate via Yahoo Finance· 6 days agoHELOC: A home equity line of credit, or HELOC, allows you to borrow money when you need to with a revolving line of credit, similar to a credit card. <...
Mortgage rates today, April 24, 2024: Economy fuels higher rates
Yahoo Personal Finance· 4 days agoThe rates are usually adjustable, meaning you risk your rate increasing later — but if rates...
What is Home Equity?
Bankrate via Yahoo Finance· 5 days agoThis loan includes the balance you owe on the existing mortgage and a portion of your home’s equity, withdrawn as cash. You can use these funds for any...
What are cash-out refinance tax implications?
Bankrate via Yahoo Finance· 2 days agoNo, the proceeds from your cash-out refinance are not taxable. The money you receive from your cash-out refinance is essentially aloan you are taking out...
When to use home equity for spring repairs (and when not to), according to experts
CBS News· 6 days agoBorrowing money for home repairs and other projects this spring can be very expensive. For example,...
Fintech startup Hitch rolls out white-label HELOC product - HousingWire
HousingWire· 6 days agoAustin-based fintech startup Hitch announced the launch of its Hitch Home Equity White Label program in partnership with United Mortgage Corp. United Mortgage Corp., a midsized lender based ...
What to do if you have an underwater mortgage
Yahoo Personal Finance· 3 days agoThese second mortgages often require you to have at least 15% to 20% equity in your house. If you have negative equity with an underwater mortgage, you...
The 3 most affordable borrowing options right now
CBS News· 3 days agoOver the last few years, the interest rate environment has shifted dramatically, making borrowing money much more expensive across the board. After...
‘I racked up $45,000 in credit-card debt doing home repairs’: Should I refinance my $1.5 million...
Market Watch· 2 days ago“We live in a very strong housing market in Los Angeles so we’re not worried about it losing value.”
Can a Spouse Gamble Away Your Home—or Sell It Without Your Permission?
San Francisco Chronicle· 20 hours agoFirst, baseball superstar Shohei Ohtani's interpreter allegedly stole millions from his boss to...
